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East Central Reporter

Thursday, November 7, 2024

Arcola residents pay $35,066 in Municipal Sales Tax in June

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Arcola taxpayers paid $35,066 in Municipal Sales Tax in June, according to Illinois tax records.

This is an increase over the month before when $30,693 was collected.

Taxpayers in Arcola have paid $342,923 in Municipal Sales Tax in the last 12 months.

The Municipal Sales Tax is collected for municipal governments' use.

Illinois is the highest taxed state in the US.

A 2021 study from Wallet Hub found Illinois taxes are 38.95 percent higher than the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Municipal Sales Tax collected in Arcola in last 12 months
MonthAmount Collected% Change from Previous Month
June$35,06614.2
May$30,693-2.6
April$31,51043.8
March$21,916-28.7
February$30,754-0.1
January$30,78125.3
December 2021$24,562-9.6
November 2021$27,156-1
October 2021$27,4398.9
September 2021$25,188-14.1
August 2021$29,3212.7
July 2021$28,5374.7

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